Why has IRDAI made the pollution certificate mandatory for insurance?
Carbon
emissions can wreak havoc on the environment. They can severely impact the
health of people living in areas with bad air quality. To address the rising
pollution levels in the country, the Supreme Court, in 2017, accepted the
recommendations of the Environment Pollution (Prevention and Control) Authority
(EPCA) to ensure the compulsory linking of the PUC certificate while renewing
vehicle insurance.
In
response to the Supreme Court’s directive, the IRDAI issued a circular in 2018
to all general insurance companies directing them to follow the Supreme Court
order that highlighted that all vehicles must hold a valid PUC certificate
during their motor insurance policy renewal.
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